ACMAT (ACMT) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is ACMAT Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. ACMAT's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, ACMAT could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for ACMAT's Cash-to-Debt or its related term are showing as below:

ACMT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.47 Max: No Debt
Current: No Debt

During the past 13 years, ACMAT's highest Cash to Debt Ratio was No Debt. The lowest was 0.21. And the median was 0.47.

ACMT's Cash-to-Debt is not ranked
in the Insurance industry.
Industry Median: 1.84 vs ACMT: No Debt

ACMAT Cash-to-Debt Historical Data

The historical data trend for ACMAT's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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ACMAT Cash-to-Debt Chart

ACMAT Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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1.40

0.94

0.76

0.72

0.39

ACMAT Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Sep22	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.41	0.26	0.21	N/A	No Debt

Competitive Comparison of ACMAT's Cash-to-Debt

For the Insurance - Specialty subindustry, ACMAT's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ACMAT's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ACMAT's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ACMAT's Cash-to-Debt falls into.

ACMAT Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

ACMAT's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3.741	/	(0	+	9.586)
	=	0.39

ACMAT's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

ACMAT had no debt ⁽¹⁾.

ACMAT (OTCPK:ACMT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

ACMAT Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of ACMAT's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

ACMAT (ACMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ACMAT Corp (OTCPK:ACMT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 South Road, Farmington, CT, USA, 06032-2418

Website

https://www.acmatcorp.com

ACMAT Corp operates as a holding company that engages in the provision of providing surety bonds for prime contractors, specialty trade, environmental remediation and asbestos abatement contractors, and miscellaneous obligations nationwide. It also provides miscellaneous surety such as worker's compensation, supply, subdivision, license, and permit bonds. The company generates revenue from the investment income and premiums received.

ACMAT (ACMT) Headlines

From GuruFocus

Acmat: Quality at a discount

By whopper investments whopper investments • 11-29-2012

ACMAT (ACMT) Cash-to-Debt : No Debt (1) (As of Sep. 2023)